Stock Trend Analysis Report
Prepared for you on Wednesday, December 19, 2018.
VanEck Vectors AMT-Free Long Muni Index ETF (PACF:MLN)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for MLN
The long term trend has been DOWN since Sep 4th, 2018 at 19.63
The intermediate term trend has been UP since Nov 19th, 2018 at 19.22
The short term trend has been DOWN since Dec 13th, 2018 at 19.40
Smart Scan Analysis for MLN
Based on a pre-defined weighted trend formula for chart analysis, MLN scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||20.3224||Year High Date||2018-01-04|
|Year Low||18.89||Year Low Date||2018-11-06|
|52wk High||20.43||52wk High Date||2017-12-06|
|52wk Low||18.89||52wk Low Date||2018-11-06|
|Year End Close||20.12||Average Volume||40,792|